Sarthaks APP
0 votes
2.4k views
in Accounts by (64.1k points)
Fill in the blanks with appropriate word(s)

(a) Financial statements are the—————of information to interested parties.

(b) The owners of a company are called ———————

(c) For income measurement—————–basis of accounting is followed.

(d) The statement which shows the assets and liabilities of a company is known as—————-

(e) Profit and loss account is also called————-statement.

1 Answer

0 votes
by (106k points)
selected by
 
Best answer

(a) Basic sources

(b) Shareholders

(c) Accrual 

(d)  Balance sheet

(e) Income

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...